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<p>[QUOTE=&quot;medoraman, post: 1265568, member: 26302&quot;]But worldwide manufacturing did not change much. It simply shifted. If we are in a worldwide slowdown both times, does it really matter in which country the manufacturing is taking place?</p><p><br /></p><p>I was really commenting how it admitted the price affected industrial demand, something which is not easy to ascertain here. It would be better if they had any estimates on how much pricing lowered demand. The previous post regarding the Silver Institutes future projections were projecting increased industrial demand in the foreseeable future, yet this historical document admits higher prices lowers industrial demand. I am just trying to reconcile those two seemingly unreconcilable statements.[/QUOTE]</p><p><br /></p>

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